Inceptionr LLC Boosts Stake in Omega Healthcare Investors, Inc. (NYSE:OHI)

Inceptionr LLC lifted its position in shares of Omega Healthcare Investors, Inc. (NYSE:OHI) by 108.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 31,183 shares of the real estate investment trust’s stock after acquiring an additional 16,244 shares during the quarter. Inceptionr LLC’s holdings in Omega Healthcare Investors were worth $1,180,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of OHI. Stonebridge Financial Group LLC purchased a new position in Omega Healthcare Investors in the 4th quarter valued at about $26,000. Grove Bank & Trust purchased a new position in Omega Healthcare Investors in the 4th quarter valued at about $30,000. True Wealth Design LLC purchased a new position in Omega Healthcare Investors in the 3rd quarter valued at about $31,000. Dunhill Financial LLC purchased a new position in Omega Healthcare Investors in the 3rd quarter valued at about $31,000. Finally, Kentucky Trust Co purchased a new position in Omega Healthcare Investors in the 4th quarter valued at about $38,000. 65.25% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

OHI has been the topic of a number of research reports. BMO Capital Markets raised shares of Omega Healthcare Investors from a “market perform” rating to an “outperform” rating and set a $45.00 price target on the stock in a research note on Monday, December 9th. JMP Securities reaffirmed a “market perform” rating on shares of Omega Healthcare Investors in a research note on Friday, February 7th. Royal Bank of Canada raised their target price on shares of Omega Healthcare Investors from $39.00 to $43.00 and gave the stock a “sector perform” rating in a research note on Monday, November 11th. Finally, Mizuho raised their target price on shares of Omega Healthcare Investors from $35.00 to $37.00 and gave the stock a “neutral” rating in a research note on Thursday, December 5th. Five research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $41.67.

Omega Healthcare Investors Stock Down 4.1 %

Shares of NYSE OHI opened at $36.00 on Friday. The company has a 50 day simple moving average of $37.13 and a 200-day simple moving average of $39.00. The company has a market capitalization of $10.15 billion, a P/E ratio of 23.23, a P/E/G ratio of 1.09 and a beta of 0.99. The company has a debt-to-equity ratio of 1.02, a current ratio of 7.07 and a quick ratio of 7.07. Omega Healthcare Investors, Inc. has a 1 year low of $29.66 and a 1 year high of $44.42.

Omega Healthcare Investors (NYSE:OHI) last announced its quarterly earnings results on Wednesday, February 5th. The real estate investment trust reported $0.74 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.41 by $0.33. Omega Healthcare Investors had a net margin of 38.65% and a return on equity of 9.71%. On average, equities research analysts predict that Omega Healthcare Investors, Inc. will post 2.86 earnings per share for the current year.

Omega Healthcare Investors Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, February 18th. Stockholders of record on Monday, February 10th were issued a dividend of $0.67 per share. The ex-dividend date was Monday, February 10th. This represents a $2.68 dividend on an annualized basis and a dividend yield of 7.44%. Omega Healthcare Investors’s dividend payout ratio is currently 172.90%.

Omega Healthcare Investors Company Profile

Omega Healthcare Investors, Inc engages in the provision of financing and capital to the long-term healthcare industry with a particular focus on skilled nursing facilities, assisted living facilities, independent living facilities, rehabilitation and acute care facilities, and medical office buildings.